This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.
Read about the agency’s 2017 examinations of Fannie Mac, Freddie Mac and the Home Loan Bank System.
Submit comments and provide input on FHFA Rules Open for Comment by clicking on Rulemaking and Federal Register.
Goal: Help restore confidence, enhance capacity to fulfill mission, and mitigate systemic risk that contributed directly to instability in financial markets.
MAINTAIN foreclosure prevention activities and credit availability, REDUCE taxpayer risk, and BUILD a new single-family securitization infrastructure. Read more in the 2018 Scorecard and Conservatorships Strategic Plan.
Plans and Reports
FHFA experts provide reliable data, including all states, about activity in the U.S. mortgage market through its House Price Index, Refinance Report, Foreclosure Prevention Report, and Performance Report.
HARP - the Home Affordable Refinance Program was created by FHFA specifically to help homeowners current on their mortgage payments, but underwater on their mortgages.
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector.
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Glossary - Spanish / English
Language Translation Disclosure
Fannie Mae and Freddie Mac (the Enterprises) recently released proposed Underserved Markets Plans as part of the Duty to Serve Program, required by Congress in the Housing and Economic Recovery Act of 2008 (HERA).
These proposed Plans are the Enterprises’ first step to implement the provisions of HERA to serve very low-, low- and moderate-income families in three specific underserved markets: manufactured housing, affordable housing preservation and rural housing.
The proposed Plans serve as a “roadmap” for Fannie Mae and Freddie Mac to address the needs of these markets in 2018-2020 in a transparent fashion, and the Plans will be overseen by FHFA.
FHFA strongly encourages interested stakeholders to provide input on the Enterprises’ proposed Plans. To ensure stakeholders have ample time to review the Plans, FHFA will accept input through our webpage, www.FHFA.gov/DTS, until July 10. Input will be made public on this page as it is received.
We want to hear from those who have on-the-ground experience in these specific markets to help the Enterprises and FHFA best fulfill this important mandate.
FHFA will review the Plans to ensure they serve the needs of each specified market in a safe and sound manner in compliance with the companies’ charters before issuing a non-objection to Plan implementation. The Plans will become effective Jan. 1, 2018.
FHFA will report to Congress on the Enterprises’ progress on their Plans on an annual basis.
In coming weeks, FHFA, Fannie Mae and Freddie Mac will continue to reach out to stakeholders to obtain further input on the Plans and how best to serve these markets. Stay tuned for updates on www.FHFA.gov/DTS.
For a quick overview of the Duty to Serve program, check out this brief video by FHFA and for more information, check out Fannie Mae and Freddie Mac’s websites.
Manager, Duty to Serve Program
© 2018 Federal Housing Finance Agency